Input substitution and technical change in U.S. high tech industries

Romesh Diwan; Chandana Chakraborty

doi:10.1016/0165-1765(90)90067-B

Input substitution and technical change in U.S. high tech industries

Romesh Diwan, Chandana Chakraborty

Economics

Research output: Contribution to journal › Article › peer-review

2 Scopus citations

Abstract

The paper shows that in U.S. high-tech industry sector, capital and non-production worker are complementary to each other. Capital and production worker, however, are substitutes. Also, technical change in the sector concerned is material using and capital and labor saving. The major saving is in production worker.

Original language	English
Pages (from-to)	141-145
Number of pages	5
Journal	Economics Letters
Volume	32
Issue number	2
DOIs	https://doi.org/10.1016/0165-1765(90)90067-B
State	Published - Feb 1990

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title = "Input substitution and technical change in U.S. high tech industries",

abstract = "The paper shows that in U.S. high-tech industry sector, capital and non-production worker are complementary to each other. Capital and production worker, however, are substitutes. Also, technical change in the sector concerned is material using and capital and labor saving. The major saving is in production worker.",

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Input substitution and technical change in U.S. high tech industries

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